Blackwater

Overview

Mountain Boy Minerals Ltd. ("Mountain Boy") and Decade Resources Ltd ("Decade") have acquired 3 separate blocks of claims through staking in early February in the Blackwater region of BC with one block adjoining the north end of the property owned by Richfield Ventures Ltd.. The companies acquired a total of 37,296.28 ha in 80 claims. The properties are readily accessible along a well developed network of established forestry roads in the area.

At Blackwater, disseminated gold-silver mineralization and high-grade gold in shear-hosted veins is reported as being hosted in Jurassic aged Hazelton Group rhyolites. Richfield has recently announced exceptional drill results from its Blackwater Gold Project, including 205m of 2.04 g/t Au (Reported in Stockwatch, January 25, 2011), and 145 metres of 2.70 g/t Au. (Reported in Stockwatch, March 15, 2011). At a base case cut-off grade of 0.40 g/t Au, the estimated global Indicated resource is 53.46 million tonnes at an average grade of 1.06 g/t Au containing 1.83 million ounces gold, with an additional 75.45 million tonnes at an average grade of 0.96 g/t Au containing 2.34 million ounces gold in the Inferred category.

Mineralization appears to be associated with intensely altered volcanics related to north south trending structures.

The companies have plans to explore the different claim blocks as soon as weather conditions allow. The work will include geochemical surveys and geological investigation.